HMD announced that its Chief Executive Officer Arto Nummela will leave the company with immediate effect. The new acting CEO is Florian Seiche, who is also the President of HMD Global.
Full press release follows down below.
Leadership Change at HMD Global
Espoo, Finland 19 July 2017 – HMD Global today announced that through mutual agreement between Chief Executive Officer Arto Nummela and the HMD Global Board of Directors, Arto Nummela will leave HMD with immediate effect.
Commenting on the changes, Sam Chin, Chairman of the Board, HMD Global Oy said: “Arto Nummela has played a key role in the creation of the HMD Global operation, building the team and launching our first products. On behalf of the whole Board, I thank Arto for his contribution and wish him well in his future endeavors.”
In addition to his current role as President, Florian Seiche has been appointed to the role of acting CEO, starting immediately. Florian has been co-leading HMD Global as President since the start of the company.
It’s not clear why Arto left the company, but it’s not a secret that HMD didn’t succeed in delivering the Nokia 3, 5 and 6 in the promised timeline, and that’s maybe him taking responsibility. That’s just me guessing, so don’t take it as a fact.